Residents in Ward 8 can expect more affordable housing coming their way thanks to a transaction the D.C. Housing Finance Agency (DCHFA) closed on this week. The DCHFA plans on providing acquisition and construction funding for a planned apartment building in Congress Heights with 190 units.
According to a press release, every single one of the units will be affordable to those earning 30 percent or less of the area median income. Of all the rentals, 24 will be efficiency units, 95 will have one bedroom, and 71 will have two bedrooms. The four-story project, called Archer Park, will be built on the 1200 block of Mississippi Avenue SE.
A few amenities planned include a green roof terrace, solar panels, and a 128-car garage with free assigned parking. The press release also states that there will be a fitness room, business center, and meeting room.
This project serves as the first of a two-phase redevelopment of the Trenton Terrace apartment complex. The second phase will feature a 74-unit townhouse development with both market rate and affordable units.
D.C.-based developer WC Smith purchased the former Trenton Terrace apartments in 2004. Washington Business Journal reported in 2013 that the developer originally planned for a 214-unit project. Past projects WC Smith has completed in the Southeast quadrant include Trenton to The Oaks, the Lofts at Sheridan Station, and Halley House.
• WC Smith proposes 'Archer Park' complex for Congress Heights [Washington Business Journal]